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Course Dynamic Arrays: Excel Turbo-Charged Learn to leverage Excel’s powerful dynamic arrays tool to analyze compensation data faster and more effectively.

There is a rich research literature on both analyzing work and role design.

The Journal of Total Rewards Second Quarter 2024 | Volume 33 | No. 2 Studies of a variety of topic rewards topics, from AI and pay transparency to career advancement to analyzing a pay gap.

Course Excel Skills for Compensation Professionals Learn fundamental Excel functions and formulas to prepare and analyze compensation data.

For instance, if team members typically work a certain number of hours, and then there is a spike in time spent working, the algorithm can be trained to analyze whether this is a short-term change (perhaps due to an important deadline) or a more permanent sign of overwork.

GOP Senators Unveil Contractor-Focused Bill Package Republican Senators Bill Cassidy (Louisiana), Tim Scott (South Carolina) and Rand Paul (Kentucky) on Monday, July 7, introduced a legislative package that seeks to: ;Alter federal labor by enabling 27 million American independent workers to access portable workplace benefits, like healthcare and retirement; and,; ;Provide consistency and clarity in how an independent contractor is defined, making it easier for workers to find jobs that allow for flexibility and independence.; The Unlocking Benefits for Independent Workers Act , sponsored by Cassidy (chair of the Senate’s Health, Education, Labor and Pensions committee), would: ;Establish a safe harbor under federal law for employers that would like to voluntarily provide benefits;; ;Apply to any benefit or protection commonly provided to full-time employees, such as retirement and healthcare benefits; and,; ;Apply to emerging models where firms may pay into portable accounts

This course walks you through the many regulatory requirements in the benefits space, including the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code (IRC), the Health Insurance Portability & Accountability Act (HIPAA) and the Affordable Care Act (ACA).

To attract and retain quality workers, employers must remake the pillars of total rewards in ways that recognize and reflect the evolving complexity of their workforce.

.; Why This Matters Beyond Legal Compliance For many Indian organizations — especially those with large, diverse or contingent workforces — the new labor codes offer a unique opportunity: ;To see TR not as a set of allowances but as a cohesive, equitable and transparent package that includes basic pay, social security, health, safety, contract clarity and portability.; ;To build trust and fairness by leveling the playing field for permanent, contract, gig and platform workers.

Here’s How to Leverage It for TR , Workspan Daily Plus+ article;How Qualitative and Quantitative Data Can Influence Benefits Design , Workspan Daily Plus+ article;Strategic HR Analytics: Driving Business Performance , Journal of Total Rewards article;People Analytics Study , research; The goal of nudge technology in the workplace is to subtly influence the behaviors of employees by analyzing their personal data and nudging them in a direction that, ideally, is in their best interests but often also in the employer’s best interests.